FSB finalises elements of global bank resolution framework
Latest list of globally systemic banks also published
The Financial Stability Board (FSB) slotted into place two more building blocks of the framework for resolving global systemically important banks (G-Sibs) today (November 3).
As part of a bundle of documents on co-ordinating the resolution of a global bank, the FSB published final guidance on the cross-border effectiveness of resolution actions and how to co-operate when the host country of a G-Sib is not part of the crisis management group.
The FSB also pushed ahead with consultations on other
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